Bitcoin has hit record highs for a second day after Elon Musk鈥檚 car company Tesla said it had bought about $1.5bn (拢1.1bn) of the cryptocurrency.
Bitcoin rose above 拢34,820 before falling back slightly, but it remains 25% higher than five days ago.
Those who invested in the crypto before 2020 will have seen significant returns over the past few days.
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Source: BBC
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Some investors took Tesla鈥檚 move as a signal that Bitcoin would become a mainstream financial asset, with many speculating that other tech giants will follow suit.
However, there was some criticism about a green car firm investing in such an energy-intensive currency.
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Bitcoin currently uses more energy than Argentina every year,听according to analysis from the University of Cambridge.
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